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4. Description of the Residential Improvements, schedule of completion, property description, all <br />required City approval requirements and a platted lot site plan or sketch of the parcel(s) to be platted <br />and developed. <br />5. Applicant agrees to make the new structure or residential improvements available for inspection by <br />City of Paris, or its authorized representatives, and Lamar County Appraisal District (LCAD) during <br />construction and upon completion of the project. <br />6. Contractual obligations in the event of default, violation of terms or conditions, delinquent taxes, <br />recapture and administration. <br />7. A signed and notarized statement as an attachment to the application agreeing to construct the new <br />five(5)dwelling units on one (1) or more parcels within five (5) years from the date of City Council <br />approval of an Agreement, unless extended by the City Council, or consenting to allow the City to <br />automatically take back the parcel(s) under the initial terms of an approved agreement. <br />Page 7 of 7 <br />„,../,�/,/a/,,.//% <br />//„///i /W <br />Y <br />